Key Essentials Limited

Key Essentials Ltd from Ware UK: a small, active company established twelve years ago, employs nine people, and holds £53,568 in assets. It operates from a virtual address, is overseen by one director and owner, and regularly imports live trees, plants, bulbs, roots, and flowers—a trend spanning 17 months, with the latest import recorded in November 2024.

The company's activities center around plant propagation, operating within the plant propagation industries. While no website is available to analyze, its business model appears to be focused on importing and potentially distributing horticultural products.

Financially, Key Essentials Ltd presents a mixed picture. Current assets have decreased by 15% to £54,000, while net assets have fallen significantly by 97%, resulting in a negative equity of -£24,000. Bank borrowings have drastically reduced by 76%, dropping to £4,100, and cash reserves have also declined by 13% to £920. Creditors have decreased by 35%, but non-financial creditors have increased by a substantial 190%. Debtors have also fallen by 32%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Despite the negative equity, the decrease in bank borrowings and creditors suggests improved debt management. The company’s small size allows for agility, but the substantial equity decline warrants attention. No auditor is mentioned, likely due to its status as a small company. It's likely that the company is facing some financial strain, but its focus on a specialized niche—importing live plants—could provide a foundation for future growth.

Registered in England/Wales under the registration number 08462392, with a registered address at SG11 1RL, Ware, Hertfordshire, The Foundry 9 Park Lane, Puckeridge.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.